Annual report 2017. This item also included liabilities from residual value guarantees amounting to €18.2 million (31 December 2016: €16.7 million). The KION Group is a publicly listed corporate group and therefore ensures that its financial management takes into account the interests of shareholders, promissory note investors and the banks providing its funding. Our portfolio encompasses industrial trucks, such as forklift trucks and warehouse equipment, as well as integrated automation technology and software solutions for the optimization of supply chains, including all related services. About us. Annual report 2009 pdf (1.4 MB) Interim reports and interim statements ... Interim report as of June 30, 2017 pdf (212.8 KB) Interim statement as of March 31, 2017 pdf (64.2 KB) Interim statement as of September 30, 2016 pdf (123.8 KB) KION Group - Annual Report 2017 Report link (base): KION Group - Geschäftsbericht 2017. Interim Report Q3 2020 | KION GROUP AG Our highlights, interim management report as well as interim financial statements and notes. Within this, The individual tranches of this borrowing will become due for repayment in the years 2021 to 2027. The main areas of spending were capitalised development costs (see the ‘Research and development’ section) and the expansion and modernisation of production and technology sites in the Industrial Trucks & Services segment. This database is a joint project between nexxar and Message Group. Separate financial statement LEG Immobilien AG 2016 (German only) Archive. Jump to content [AK + s] Jump to navigation [AK + 3] ... All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. Net income (€426.4 million) and actuarial effects on pensions also boosted the Group’s equity. What are the reasons for an investment in KION? All covenants were complied with in the past financial year, as had been the case in 2016. This funding enables the KION Group to present a united front in the capital markets and strengthens its hand in negotiations with banks and other market participants. The net cash used for current interest payments rose to a total of €58.1 million in 2017 due to higher average net debt during the year (2016: €46.7 million excluding early repayment charges paid of €29.6 million). Annual Report 2012/2013. Annual Report 2013/2014. The KION Group thus has an investment-grade credit rating, helping it to secure more advantageous funding conditions in the capital markets. All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. This included contributions of €8.9 million that had to be paid under existing minimum funding provisions for defined benefit pension plans in the United Kingdom and US. Annual Report 2016/2017. The KION Group maintains a liquidity reserve in the form of unrestricted, agreed and confirmed credit lines and cash in order to ensure long-term financial flexibility and solvency. Since September 2017, rating agency Standard & Poor’s has classified the KION Group as BB+ with a positive outlook, while the rating from Fitch Ratings has been BBB– with a stable outlook since January 2017. Annual reports 1998-2013. Quarterly Report Q2-2017. Annual Report 20 KION GROUP AG. Cooperation project. Assumptions. Annual Report 2010/2011. The KION Group pursues a conservative financial policy of maintaining a strong credit profile with reliable access to debt capital markets. Contributions to pension plans that are entirely or partly funded via funds are paid in as necessary to ensure sufficient assets are available and to be able to make future pension payments to pension plan participants. Free cash flow – the sum of cash flow from operating activities and investing activities – amounted to €378.3 million (2016: minus €1,850.0 million). Date: Report: Format: File size: Download: 11/11/2020 Quarterly statement for the period ending 30 September 2020: PDF 0.1 MB 08/13/2020 Non-compliance with the covenants or with the defined maximum level of leverage as at a particular reporting date may potentially give lenders a right of termination or lead to an increase in interest payments. 26. Annual Report of KION Group including the consolidated financial statements and the combined management report for KION GROUP AG and the Group, the explanatory report on the information required pursuant to sections 289a (1), 315a (1) German Commercial Code and the report of the Supervisory Board for the 2017 financial year [PDF, 3.0 MB] As at the reporting date, other financial liabilities included liabilities of €493.8 million (31 December 2016: €440.0 million) arising from sale-and-leaseback transactions used to finance the short-term rental fleet. Your Contact. This database is a joint project between nexxar and Message Group. The payments made by the KION Group in 2017 in connection with the main pension plans totalled €28.2 million, comprising €17.9 million for direct pension payments and €10.0 million for employer contributions to plan assets. Corporate responsibility reports 2000-2013. Annual Report 2017/2018. In 2017, the KION Group updated its corporate policy setting out its obligations in respect of … For the sake of all stakeholders, the KION Group makes sure that it maintains an appropriate ratio of internal funding to borrowing. In accordance with statutory requirements and the recommendations of the German Corporate Governance Code (DCGK) as amended on 7 February 2017, this remuneration report explains the main features and structure of the remuneration system used for the Executive Board and Supervisory Board of KION GROUP AG and also discloses the remuneration of the individual members of the Executive … The interest-rate risk resulting from the floating-rate tranches is hedged using a number of interest-rate derivatives (cash flow hedges). Quarterly information 127 in € million Q4 2017 Q3 2017 Q2 2017 Q1 2017 Order intake 2,279.6 1,847.2 1,970.5 1,881.7 thereof This equated to 1.7 times the adjusted EBITDA on an annualised basis. Annual Report 2011/2012. Capital expenditure in the Supply Chain Solutions segment related to capitalised development costs and, above all, software, licences and the new production facility in the Czech Republic. The KION Group therefore seeks to maintain an investment-grade credit rating in the capital and funding markets by rigorously pursuing a value-based strategy, implementing proactive risk management and ensuring a solid funding structure. Phone. Annual Report 2019 KION GROUP AG Company profile The KION Group is a global leader in industrial trucks, warehouse technology, related services and supply chain solutions. Annual Report 2017 Interim Reports 2017 Sustainability Report ... the Company will again produce such a report for 2017, which will have to be audited by the Supervisory Board. The dividend paid in May 2017 of €0.80 per share resulted in an outflow of funds of €86.9 million. KION Group Annual Report 2018 – Digitalisation is not simply a buzzword in the KION Group. More Information. Tender Notice Company. The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. Page 2 of 43 . Waste and recycling. Annual Report 2017 ; Letter to shareholders; Key Figures; Revenue 2017-2015; Revenue by segment 2017; Employees 2017-2015; Adjusted Order a printed copy of the Annual Report by email. KION Group overview in € million 2017 2016 2015 Change 2017/2016 1 Figures as at balance sheet date 31/12/ (adjusted due to. The additional gross borrowings in 2017 amounted to €2,425.3 million and included the issuance of the promissory note with a volume of €1,010.0 million in the first quarter of 2017. The gross repayment amount of €3,340.0 million included the repayment in full of tranches A2 (€343.2 million) and B (€1,200.0 million) of the bridge loan and the fixed-term tranche of the SFA (€350.0 million). Tranche A2 of the AFA (€343.2 million), tranche B of the AFA (€1,200.0 million) and the fixed-term tranche of the SFA (€350.0 million) were repaid in full in the year under review. In fact, it has been a firm part of our DNA for years. Further expansion of the long-term leasing business with end customers in 2017 led to a correspondingly higher funding requirement. The rise in earnings and margins in 2017 was offset by a growth-related increase in net working capital and the volume of leasing, which meant cash flow was down by a total of €181.9 million year on year. For the Business Year 2020 no annual financial reports have been published. They are either defined benefit pension plans, defined contribution pension plans or multi-employer benefit plans. KIN YAT HOLDINGS LIMITED Annual Report for the year ended 31 March 2017 3 CHAIRMAN’S STATEMENT It gives me great pleasure to present the annual results of Kin Yat Holdings Limited (the “Company”) and, together with its subsidiaries (collectively the “Group”), for the financial year ended 31 March 2017 (“FY2017”). Liquidity management is an important aspect of central financial management in the KION Group. The liabilities from the short-term rental fleet and from procurement leases are reported under other financial liabilities (see note [34] in the notes to the consolidated financial statements). In this way, the KION Group creates a stable funding position from which to maintain profitable growth. By 31 December 2017, a total of 36,294 shares had been purchased by staff (31 December 2016: 45,564 shares). The promissory note is divided into several tranches that mature in May 2022, April 2024 and April 2027 and have floating-rate or fixed coupons. Annual report 2017. sharing values Unfolding Strengths. The capital increase caused a net increase of €599.9 million. The net cash used for financing activities of €472.5 million was primarily due to the net repayment of financial debt in an amount of €914.7 million, which outweighed the inflows from the capital increase of €598.6 million. Consolidated equity was higher than at the end of 2016, rising by €653.1 million to €3,148.8 million as at 31 December 2017 (31 December 2016: €2,495.7 million). In addition, it uses derivatives to hedge currency risk. The number of shares held in treasury therefore stood at 160,829 as at the reporting date (31 December 2016: 164,486). Since September 2017, rating agency Standard & Poor’s has classified the KION Group as BB+ with a positive outlook, while the rating from Fitch Ratings has been BBB– with a stable outlook since January 2017. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. the KION Group’s 2017 annual report. The bridge loan (AFA) agreed for the acquisition of Dematic, which was still drawn down in an amount of €2,543.2 million at the end of 2016, was significantly reduced in 2017 as a result of the successful placement of a promissory note with a nominal amount of €1,010.0 million in the first quarter of 2017. By pursuing an appropriate financial management strategy, the KION Group makes sufficient cash and cash equivalents available at all times to meet the Group companies’ operational and strategic funding requirements. The KION Group ’s production plants in particular generate a wide variety of waste (> Table 10).In 2017 this amounted to 69,372 tonnes of waste globally across the KON Group (2016: 51,134 tonnes *).The waste is separated locally into its constituent parts, and if it cannot be reused or recycled, is disposed of in accordance with local regulations. KION Group - Annual Report 2017 Report link (base): KION Group - Geschäftsbericht 2017. Annual Report 2008/2009. The net cash used for investing activities amounted to €237.6 million. More Information. However, there was a negative impact of €315.2 million resulting from exchange differences at the reporting date, which meant that negative effects of €282.8 million were recognised overall in other comprehensive income. Annual Report 2017 Preface Report of the Supervisory Board FOR THE 2017 BUSINESS YEAR REPORT OF THE SUPERVISORY BOARD As in the previous year, the MAHLE Group also benefited from a surprisingly stable global market development in the 2017 business year. Transfers to external pension funds resulted in payments of €0.3 million. > TABLE 126 List of shareholdings as at Annual Financial Reports. Annual report 2014. Annual Report 2015/2016. Annual Financial Statements 2016. The net obligation under defined benefit pension plans was almost unchanged year on year at €978.5 million (31 December 2016: €978.7 million). Company Profile; Key Figures; Management; In addition, the KION Group optimises its financial relationships with customers and suppliers and mitigates the financial risk to its enterprise value and profitability, notably currency risk, interest-rate risk, price risk, counterparty risk and country risk. These contributions are determined by factors such as the funded status, legal and tax considerations, and local practice. As at 31 December 2017, the retirement benefit obligation under defined benefit pension plans amounted to a total of €1,002.7 million, which was only slightly higher than the figure at the end of 2016 of €991.0 million. KION GROUP AG, Wiesbaden . The contents of the report relate to the KION Group and all its consolidated subsidiaries. Long-term borrowing (net of borrowing costs) was reduced by €864.2 million to €2,024.8 million as at the reporting date. Unfolding Strengths. In the context of its overarching growth initiatives, the KION Group made improvements to its production operations and its sales and brand strategies in order to support joint business development. Current and non-current liabilities fell by €721.7 million to €8,079.6 million as at the reporting date (31 December 2016: €8,801.3 million). Across more than 100 countries world-wide, the KION Group’s logistics solutions optimise the flow of material and information within factories, ware- This was significantly less than the prior-year figure of €2,264.3 million, which had been heavily influenced by the net cash outflow of around €2.1 billion for the acquisition of Dematic. Annual Report 2017 Managing Board 6 MARK LANGER (Stuttgart, Germany) Chairman of the Managing Board, from January 15, 2010 Member of the Managing Board, from May 19, 2016 Chairman of the Managing Board Responsibility: Corporate Strategy and Communication, Legal/ Compliance, Human Interim Reports 2019 Sustainability Report 2019 (PDF) Annual Report 2019 Jump to content [AK + s] Jump to navigation [AK + 3] Search back. back. Figures as at balance sheet date 31/12/ (adjusted due to the final purchase price allocation Dematic), Order backlog 2016 adjusted to reflect specific customer orders from long-term construction contracts in the segment SCS, Adjusted for PPA items and non-recurring items, ROCE is defined as the proportion of EBIT adjusted to capital employed, Free cash flow is defined as cash flow from operating activities plus cash flow from investing activities, Capital expenditure including capitalised development costs, excluding leased and rental assets, Number of employees (full-time equivalents) as at balance sheet date 31/12/. The equity ratio increased from 22.1 per cent at the end of 2016 to 28.0 per cent as at 31 December 2017. Annual Report 2017 [PDF, 3.0 MB] Presentation [PDF, 0.7 MB] Transcript [PDF, 0.2 MB] KION GROUP AG 2017 … ... (2017: € thousand 10.450) thereof relating to social security € thousand 242 (2017: € thousand 258) 3.677.473 3.855.569 ... the KION Group’s 2018 annual report. The KION Group supports pension plans in many countries. Higher tax payments of €136.3 million resulting from improved earnings at the KION companies (2016: €108.7 million) reduced the level of cash flow from operating activities. This included a large-scale project to update Linde Material Handling’s Aschaffenburg site, where a total of €60 million is being spent on optimising the material flow in production and logistics and will result in more cost-effective production processes by 2021. What are the reasons for an investment in KION? The long-dated tranche (€1,000.0 million) of the bridge loan is still outstanding and is due to mature in October 2021. Annual Report 2016/2017. The addition of the totals pre - sented may result in minor rounding differences. Separate Financial Statements LEG Immobilien AG 2017 (German only) 2016. Oct. 2017-10-26. Annual Report 2017. : +49 (0) 211 4568 0 Fax: +49 (0) 211 4568 261 Using cash pools, liquidity is managed in such a way that the Group companies can always access the cash that they need. About this database. 47th Annual Report 2017-18 3. The KION Group’s borrowing is based on a long-term approach. Highlights. About us. Collected files; Annual Report 2017; KION GROUP AG Annual Report 2017; Annual report 2017 ; KION Group; KION Group ; To our shareholders Annual Report 2009/2010. About this database. Quarterly Statement Q1-2017. Consolidated income statement 039 in € million Note 2017 2016 Revenue [8] 7,653.6 5,587.2 Cost of sales –5,699.1 &ndash Important key figures 2016 ; Service tools in the online report; Top Links; Further Information; Letter to shareholders Open magazine Jump to content [AK + s] Jump to navigation [AK + 3] KION GROUP AG KION GROUP AG annual/quarterly revenue history and growth rate from 2016 to 2019. KION Group Kennzahlen 2017 Alle Beträge in diesem Geschäftsbericht werden in Millionen Euro (Mio. Finalisation of the purchase price allocation led to equity as at 31 December 2016 being retrospectively lowered by €39.4 million. Dabei kann es aufgrund kaufmännischer Rundung aus der Addition in den Summen zu unwesentlichen Rundungsdifferenzen kommen. The residual-value liabilities relate to residual-value guarantees provided in connection with the sale of assets to leasing companies, where the guaranteed amount is more than 10.0 per cent of the fair value of the asset in question. Choose some of the most important Group key figures and create your own charts, Financial position and financial performance. Furthermore, expenses of €63.1 million in connection with the Dematic transaction had been recognised and negatively impacted cash flow from operating activities at the end of 2016. Income statement Statement of comprehensive income Statement of financial position Statement of cash flows Statement of changes in It also entered into interest-rate swaps in 2017 in order to hedge interest-rate risk arising on floating-rate financial liabilities. Quarterly reports and statements. Annual Report 2009/2010. Annual report 2015. The main reason was the repayment of non-current liabilities following the corporate actions carried out in the year under review. The optimisation of cash management caused cash and cash equivalents to fall to €173.2 million at the end of 2017 (31 December 2016: €279.6 million). To help increase the proportion of management positions occupied by women, the Executive Board set targets that are published in the corporate governance report. The focus in the 2017 reporting year was on implementing strategic measures under the Strategy 2020. > TABLE 029, Effect of foreign exchange rate changes on cash, Choose some of the most important Group key figures and create your own charts, Financial position and financial performance, Overall assessment of the economic situation, Business situation and financial performance of the KION Group, Business situation and financial performance of the segments, Outlook, risk report and opportunity report, Consolidated statement of financial position, Notes to the consolidated statement of financial position. By contract dated 13 March 2017, KION Holding 2 GmbH was merged into KION GROUP AG; the merger cut-off date was defined as 1 January 2017. 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